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Operating Expense Breakdown
Details core costs like R&D, marketing, and admin, offering insight into how efficiently the company runs and where it’s prioritizing investment.Operating expenses reflect a capital‑intensive, disciplined operator: depreciation has trended down from pandemic peaks and now plateaus, R&D stays immaterial and steady (Linde backs growth via capex, not R&D), while SG&A has ticked up recently consistent with bolt‑on M&A and targeted investments in electronics/space. The volatile “Other” line is driven by project timing, one‑offs and acquisition items (e.g., Woodside delays), so treat quarter‑to‑quarter swings as noise against management’s message of margin resilience and cash returns.
Date | Research and Development | Selling, General, and Administrative | Depreciation and Amortization | Other |
|---|---|---|---|---|
Jun 30, 2026 | $37.00M | $891.00M | $963.00M | $17.00M |
Mar 31, 2026 | $38.00M | $893.00M | $951.00M | $63.00M |
Dec 31, 2025 | $35.00M | $880.00M | $950.00M | -$105.00M |
Sep 30, 2025 | $36.00M | $897.00M | $961.00M | $14.00M |
Jun 30, 2025 | $38.00M | $870.00M | $942.00M | $15.00M |
Mar 31, 2025 | $38.00M | $786.00M | $910.00M | $18.00M |
Dec 31, 2024 | $39.00M | $814.00M | $913.00M | $74.00M |
Sep 30, 2024 | $37.00M | $823.00M | $960.00M | $51.00M |
Jun 30, 2024 | $36.00M | $840.00M | $958.00M | $2.00M |
Mar 31, 2024 | $38.00M | $860.00M | $949.00M | -$58.00M |